This is an electronic payment delivery system that allows you to pay or collect funds electronically through the ACH network — one of the world’s safest, most reliable payment networks. With greater speed, accuracy, and efficiency, ACH offers more control over the timing of payments posted to your bank accounts. Use ACH to help improve forecasting, reduce exposure to check fraud, cut expenses, and get faster access to funds.
Easily send and receive domestic and international wires. Ideal for businesses that need to transfer large amounts.
Your employees get instant access to their money by using a personalized Visa debit card, eliminating the hassle of dealing with checks or cash. The PayExpress card works as a debit card, allowing for convenient POS transactions and ATM access. Cardholders also have the option of processing transactions as credit.
This is a customizable collection system that receives, processes, and deposits mailed check receivables. Wholesale Lockbox procedures are designed to meet your business needs (e.g., photocopies of checks, data capture, etc.). Deposits are made early in the morning to reduce days’ sales outstanding, while remittance data and check information are available electronically for earlier reconciliation.
Bring the bank teller to your office. With RDC, you scan and deposit checks from your place of business. Remote Deposit Capture enables business owners to deposit checks and money orders through a certified scanner, computer, and Internet connection, or simply an iPhone, iPad, or Android device, you can deposit checks, freeing up valuable time for business.
- Customer collects cash
- Deposit cash in SmartSafe
- Data sent to bank for provisional credit
- Secure cash pick-up and change order drop-off
- Armored courier processes and verifies cash
- Cash delivered to bank
ACH Positive Pay
This service, found in the GoBizFFB Fraud Center, allows you to take control of ACH transactions. Automatically accept authorized transactions from trading partners, decide whether to pay or return ACH exceptions in real-time, and update your ACH authorizations anytime.
Check Positive Pay
This service, found in the GoBizFFB Fraud Center, systematically compares checks and detects payee information, serial numbers, and dollar amounts that don’t match. This is a highly effective defense against check fraud with security that allow management intervention.
Advantage Sweep Account
This account allows businesses to automate and optimize daily cash positioning and overnight investing. This financial product sweeps funds between a commercial checking account and a higher interest-bearing account. Customers set a specific threshold of cash to want to keep in their checking account. If the balance in the checking account falls below the threshold, funds are swept back in from the investment account to avoid potential overdrafts.
Maximum Asset Management
This account functions as a sophisticated three-way sweep cash management product designed for commercial clients. It fully automates transfers between various accounts with the primary objective of optimizing cash flow. It minimizes interest expense on a revolving line of credit and maximizes income.
Target Balance Account (TBA)
This account maintains a specified balance through an automated transfer between your company’s master and subaccounts.
Zero Balance Account (ZBA)
This account maintains a balance of zero by automatically transferring funds from a master account in an amount only large enough to cover checks presented. ZBAs are commonly used by corporations to eliminate excess balances in separate accounts and maintain control over the disbursement of funds.
The Business Essentials Credit Card is perfect for all your small business needs. This no-hassle card earns cash back on every purchase!
This instant issue business debit card gives you immediate access to your funds from your FFB commercial or small business accounts at any ATM. This card comes with the added protection of fraud alerts that will notify you of possible fraud via call, text, or email. Use anywhere Visa is accepted and even get rewards on everyday purchases.
This is First Fidelity Bank’s enhanced business online banking solution. This secure, superior platform simplifies your business needs and allows you to complete your daily tasks with less stress. The platform includes added user functionality, increased efficiency for standard business banking tasks, and superior fraud prevention tools.